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The rupee depreciated 11 paise to 94.27 against U.S. dollar successful aboriginal commercialized connected Monday (April 27, 2026) driven by persistent dollar request and a broader displacement toward safe-haven assets.
Forex traders said the Indian rupee has deed a unsmooth patch, falling for 5 consecutive sessions, weighed down by a operation of factors specified arsenic the RBI loosening its grip connected currency rules and rising lipid prices caused by planetary tensions.
Moreover, investors are becoming cautious again, with overseas institutions pulling wealth retired of the marketplace aft a little play of buying amid rising geopolitical uncertainty.
